BlackRock Inc. Invests $1.22 Million in New America High Income Fund Inc. (HYB)
BlackRock Inc. bought a new stake in New America High Income Fund Inc. (NYSE:HYB) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 141,820 shares of the investment management company’s stock, valued at approximately $1,222,000.
Separately, Sit Investment Associates Inc. boosted its position in shares of New America High Income Fund by 448.7% in the second quarter. Sit Investment Associates Inc. now owns 164,053 shares of the investment management company’s stock valued at $1,414,000 after acquiring an additional 134,153 shares during the period. Institutional investors own 26.62% of the company’s stock.
In other news, Director Maguerite A. Piret sold 3,175 shares of the business’s stock in a transaction dated Monday, August 20th. The shares were sold at an average price of $8.52, for a total value of $27,051.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.10% of the company’s stock.
New America High Income Fund Profile
There is no company description available for New America High Income Fund.
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